Winning the Lottery: A Guide to Navigating Sudden Wealth
Lottery Q+A In a recent conversation Scott Barchus, , shared his best practices on everything from how to navigate sudden wealth and financial planning strategies to how to handle the winning lottery ticket leveraging his experience guiding clients through this exact process. What should individuals do after they win the lottery? Once you become aware… Read more Winning the Lottery: A Guide to Navigating Sudden Wealth
Q+A with Cindy Gatlin, CDFA®
Q+A with Cindy Gatlin, CDFA® 1. Why Aldrich Wealth? The firm’s capabilities are extraordinary. I’ve worked at international wire houses and national banks and yet I’ve not encountered the variation and unique customization of private offerings that are available at Aldrich Wealth. The talent bench is deep – for even the most esoteric financial need,… Read more Q+A with Cindy Gatlin, CDFA®
Q2 2024 Market Commentary + Outlook
EXECUTIVE SUMMARY The S&P 500 increased 4.3% during the second quarter of 2024, with five of the index’s 11 underlying sectors gaining as technology and communication services were the top performers. Inflation data and the labor market cooled throughout the quarter, but the Federal Reserve (Fed) held rates steady in Q2, giving little guidance on… Read more Q2 2024 Market Commentary + Outlook
Navigating Inherited IRAs Under SECURE 2.0: A Tax Perspective
Navigating Inherited IRAs Under SECURE 2.0: A Tax Perspective The SECURE Act of 2019 brought significant changes to the landscape of retirement savings and inherited Individual Retirement Accounts (IRAs). Building on this foundation, SECURE 2.0, officially known as the Securing a Strong Retirement Act of 2022, further refines and expands upon the rules affecting inherited… Read more Navigating Inherited IRAs Under SECURE 2.0: A Tax Perspective
Aldrich Wealth Appoints Kathy Peterson as Director of Corporate Retirement Plans
Aldrich Wealth Appoints Kathy Peterson as Director of Corporate Retirement Plans LAKE OSWEGO, OR., July 11, 2024—Aldrich Wealth, a registered investment advisor (RIA) with over $6B assets under management (AUM), announced today the appointment of Kathy Peterson as the Director of Corporate Retirement Plans. In this new role, Kathy will leverage her more than 20… Read more Aldrich Wealth Appoints Kathy Peterson as Director of Corporate Retirement Plans
Executive Compensation
In many industries, equity-based compensation is increasingly common to attract, reward, and retain leadership, which are all essential for an organization’s success. While the specifics of compensation packages can vary between companies, a firm’s compensation philosophy should align with its overall business strategy and goals. A well-structured compensation package not only motivates executives to perform… Read more Executive Compensation
Q+A with Kathy Peterson, CPFA™, AIF®, CRPC®
Get to know Kathy Peterson, the newly appointed Director of Corporate retirement Plans , as she shared what this promotion means to her and as well as her vision for the team’s future in a recent conversation. How has your role evolved since you first joined the company? Since joining Aldrich Wealth over five… Read more Q+A with Kathy Peterson, CPFA™, AIF®, CRPC®
Aldrich Wealth recognized in 9th consecutive year as a Top Firm by AUM, Accounting Today
Lake Oswego, OR., June 13, 2024 – In 2024, Accounting Today’s 18th annual ranking of Top Firms by AUM recognizes Aldrich Wealth as the 13th highest CPA wealth management company based on assets under management (AUM) amongst 150 firms nationally. This annual report recognizes “2024 Wealth Magnets” as the leading CPA-affiliated wealth management firms based on AUM. Aldrich Wealth,… Read more Aldrich Wealth recognized in 9th consecutive year as a Top Firm by AUM, Accounting Today
Planning for Healthcare Expenses in Retirement
As you plan for retirement, one crucial aspect often overlooked is healthcare expenses. While financial stability may seem like a safeguard against healthcare costs, the reality is that healthcare expenses can still pose a significant threat to retirement portfolios. Understanding how to strategically and effectively plan for healthcare expenses in retirement is essential to ensure… Read more Planning for Healthcare Expenses in Retirement
Safeguarding Retirement: Protecting Your Retirement Plan From Cybersecurity Threats
Safeguarding Retirement: Protecting Your Retirement Plan From Cybersecurity Threats By now, most of us have experienced that feeling of dread when we receive notification from a company or service provider that our personal information has been compromised as a result of a data breach. It has become commonplace in this era dominated by digital transactions… Read more Safeguarding Retirement: Protecting Your Retirement Plan From Cybersecurity Threats
Navigating the Importance of Naming Beneficiaries
Navigating the importance of naming beneficiaries There are many occasions in life where people adopt a “set it and forget it” approach, from the straightforward act of setting up automatic payments for bills to more critical tasks like estate plans and beneficiary designations. While this approach is often beneficial, some tasks may hold greater importance… Read more Navigating the Importance of Naming Beneficiaries
The New FAFSA and Grandparent Owned 529 Plans
The New FAFSA and Grandparent Owned 529 Plans Tawny Ramones, CFP®, CPA As the price of college tuition continues to rise, families have become increasingly focused on finding effective ways to fund the education of future generations. For grandparents looking to help fund college costs for their grandchildren, 529 plans previously came with the burden… Read more The New FAFSA and Grandparent Owned 529 Plans
